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PacNet #3 – Missing out in Asia

The world is changing. The structure of global power is shifting, and Asia is finally emerging as a pillar of the international system. We have heard this talk before – over a decade ago the “Asian century” was the storyline – but it is finally happening. The rise of China is part of this story, but it is only a part. More significantly, the obsession with China obscures equally important changes occurring throughout the region.